Australian shares are set to follow Wall Street’s advance after the latest labour market data indicated the US jobs market is holding steady despite US President Donald Trump’s global trade war.
ASX futures are pointing up 0.3 per cent, or by 23 points, predicting the Index will extend Tuesday’s advance. That would put the S&P/ASX 200 Index less than one percentage point off its all-time closing high on February 14.
Source: https://www.afr.com/markets/equity-markets/asx-to-rise-nvidia-helps-pace-wall-st-higher-20250604-p5m4pp